May Consumer Price Index Report shows Biden is Fighting Inflation says Democratic-NPL Chair

June 13, 2024

FARGO – Yesterday, the U.S. Labor Department released the latest consumer price index report showing that inflation is cooling under President Joe Biden’s leadership.

Democratic-NPL Chair Adam Goldwyn remarked, “The Consumer Price Index report shows us that Biden is fighting every day to lower costs for North Dakotans. President Biden and Vice President Harris will continue fighting to grow the middle class and lower costs. Trump’s plan will raise prices on working Americans while rigging the economy for himself and his billionaire buddies like Doug Burgum.”

President Biden and Vice President Harris are delivering in North Dakota and across the country while Trump pushes a disastrous economic agenda for working North Dakotans:

● Economic growth and employment remain strong, and overall inflation is still down by two-thirds from its peak.

● The US economy added 272,000 jobs last month — bringing the total number of jobs created since President Biden took office to a record 15.6 million jobs including 28,200 jobs in North Dakota.

● Trump had the worst jobs record of any president since the Great Depression and his plans could supercharge inflation.

● Trump plans to implement an across-the-board tariff that would raise the cost of goods and could cost North Dakota families an extra $1,500 per year.

● Trump and his billionaire allies like Doug Burgum want to give yet another tax windfall to big corporations, potentially exploding the national debt by another $1 trillion.